USDT on TRON Dominates CoinsBee Payments, Surpassing Bitcoin
- USDT (TRC-20) on the TRON network recorded nearly twice as many payments as Bitcoin over the past 90 days.
- USDT on TRON accounted for approximately 16.23% of all payments on CoinsBee in early September, up from 9.92% in the previous year.
- TRC20 represented a significant portion of USDT spending, with a higher average purchase value compared to other networks supporting USDT.
- In the United States, popular brands purchased using USDT on TRON included Amazon, Apple, and PlayStation among others.
The data highlights a growing trend of using stablecoins like USDT for everyday purchases across various retail categories via platforms like CoinsBee. This shift underscores the increasing utility of stablecoins beyond traditional trading and investing activities.
CoinsBee’s analysis shows that USDT on TRON is not only leading in payment volume but also in transaction value, reflecting its growing preference among users for daily transactions. (Source)
